E-invoicing (FATOORA) Samadhan
by Samadhan
An add-on built on Microsoft Dynamics Finance and Operation for ZATCA integration for E-invoice
In KSA, e-invoicing will be implemented in two phases.
Phase One
Phase one is also known as the generation phase. Taxpayers will generate and save e-invoices beginning December 4, 2021. You will have access to a ZATCA compliant e-invoicing system throughout this period. Therefore, you do not need to communicate any data or invoices with ZATCA during the generation phase.
Phase Two
The second phase is also known as the integration phase. Phase two will be done in phases for specific taxpayer groups. You must connect e-invoices with the ZATCA system for verification beginning January 1, 2023. ZATCA will provide an integration notification six months in advance.
The technical needs will be the focus of
the integration phase. Your system must use APIs to communicate with other
systems, generate a UUID (Universally Unique Identifier), a digital signature,
a unique number to distinguish invoices, and a cryptographic stamp.
Compelling features of F&O integrated ZATCA E-Invoicing by SAMADHAN: